McCormick & Company, Incorporated (MKC)
NYSE: MKC · Real-Time Price · USD
48.38
-2.06 (-4.08%)
At close: Apr 1, 2026, 4:00 PM EDT
48.34
-0.04 (-0.08%)
After-hours: Apr 1, 2026, 7:59 PM EDT

McCormick & Company Statistics

Total Valuation

MKC has a market cap or net worth of $13.00 billion. The enterprise value is $17.75 billion.

Market Cap13.00B
Enterprise Value 17.75B

Important Dates

The last earnings date was Tuesday, March 31, 2026, before market open.

Earnings Date Mar 31, 2026
Ex-Dividend Date Dec 29, 2025

Share Statistics

MKC has 268.72 million shares outstanding. The number of shares has decreased by -0.07% in one year.

Current Share Class 253.94M
Shares Outstanding 268.72M
Shares Change (YoY) -0.07%
Shares Change (QoQ) +0.04%
Owned by Insiders (%) 0.50%
Owned by Institutions (%) 88.61%
Float 265.04M

Valuation Ratios

The trailing PE ratio is 7.93 and the forward PE ratio is 15.50. MKC's PEG ratio is 2.42.

PE Ratio 7.93
Forward PE 15.50
PS Ratio 1.83
Forward PS 1.61
PB Ratio 1.86
P/TBV Ratio n/a
P/FCF Ratio 19.11
P/OCF Ratio 14.48
PEG Ratio 2.42
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 13.07, with an EV/FCF ratio of 26.08.

EV / Earnings 10.80
EV / Sales 2.50
EV / EBITDA 13.07
EV / EBIT 15.55
EV / FCF 26.08

Financial Position

The company has a current ratio of 0.76, with a Debt / Equity ratio of 0.65.

Current Ratio 0.76
Quick Ratio 0.29
Debt / Equity 0.65
Debt / EBITDA 3.43
Debt / FCF 7.24
Interest Coverage 5.85

Financial Efficiency

Return on equity (ROE) is 25.35% and return on invested capital (ROIC) is 9.16%.

Return on Equity (ROE) 25.35%
Return on Assets (ROA) 4.88%
Return on Invested Capital (ROIC) 9.16%
Return on Capital Employed (ROCE) 8.84%
Weighted Average Cost of Capital (WACC) 6.87%
Revenue Per Employee $504,163
Profits Per Employee $116,546
Employee Count14,100
Asset Turnover 0.49
Inventory Turnover 3.36

Taxes

In the past 12 months, MKC has paid $202.90 million in taxes.

Income Tax 202.90M
Effective Tax Rate 10.96%

Stock Price Statistics

The stock price has decreased by -41.22% in the last 52 weeks. The beta is 0.71, so MKC's price volatility has been lower than the market average.

Beta (5Y) 0.71
52-Week Price Change -41.22%
50-Day Moving Average 62.56
200-Day Moving Average 67.07
Relative Strength Index (RSI) 23.00
Average Volume (20 Days) 4,705,546

Short Selling Information

The latest short interest is 727, so 0.00% of the outstanding shares have been sold short.

Short Interest 727
Short Previous Month 13.58M
Short % of Shares Out 0.00%
Short % of Float 0.00%
Short Ratio (days to cover) n/a

Income Statement

In the last 12 months, MKC had revenue of $7.11 billion and earned $1.64 billion in profits. Earnings per share was $6.10.

Revenue7.11B
Gross Profit 2.71B
Operating Income 1.14B
Pretax Income 1.85B
Net Income 1.64B
EBITDA 1.36B
EBIT 1.14B
Earnings Per Share (EPS) $6.10
Full Income Statement

Balance Sheet

The company has $177.70 million in cash and $4.92 billion in debt, with a net cash position of -$4.75 billion or -$17.66 per share.

Cash & Cash Equivalents 177.70M
Total Debt 4.92B
Net Cash -4.75B
Net Cash Per Share -$17.66
Equity (Book Value) 7.56B
Book Value Per Share 25.98
Working Capital -832.80M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $897.60 million and capital expenditures -$217.20 million, giving a free cash flow of $680.40 million.

Operating Cash Flow 897.60M
Capital Expenditures -217.20M
Depreciation & Amortization 216.20M
Net Borrowing 594.50M
Free Cash Flow 680.40M
FCF Per Share $2.53
Full Cash Flow Statement

Margins

Gross margin is 38.18%, with operating and profit margins of 16.05% and 23.12%.

Gross Margin 38.18%
Operating Margin 16.05%
Pretax Margin 26.04%
Profit Margin 23.12%
EBITDA Margin 19.09%
EBIT Margin 16.05%
FCF Margin 9.57%

Dividends & Yields

This stock pays an annual dividend of $1.92, which amounts to a dividend yield of 3.97%.

Dividend Per Share $1.92
Dividend Yield 3.97%
Dividend Growth (YoY) 7.02%
Years of Dividend Growth 39
Payout Ratio 30.00%
Buyback Yield 0.07%
Shareholder Yield 4.04%
Earnings Yield 12.64%
FCF Yield 5.23%
Dividend Details

Analyst Forecast

The average price target for MKC is $68.20, which is 40.97% higher than the current price. The consensus rating is "Buy".

Price Target $68.20
Price Target Difference 40.97%
Analyst Consensus Buy
Analyst Count 10
Revenue Growth Forecast (5Y) 5.64%
EPS Growth Forecast (5Y) 6.54%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on December 1, 2020. It was a forward split with a ratio of 2:1.

Last Split Date Dec 1, 2020
Split Type Forward
Split Ratio 2:1

Scores

MKC has an Altman Z-Score of 2.31 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.31
Piotroski F-Score 4